In 2023, the Netherlands led European environmentally related tax revenue from taxes on pollution in water collection, treatment, and supply with $19.47 million. France, the United Kingdom, and Italy followed, while the smallest contributions came from Austria, Romania, and Sweden. Year-over-year analysis for 2023 indicates that Serbia and Austria experienced positive revenue growth, while the Czech Republic saw the most significant decline at -40.01%. Other notable decreases occurred in Slovakia and Lithuania, highlighting a broader regional trend of diminishing tax revenues in this sector.
Future trends to watch include the potential impact of European Union policy shifts towards stricter environmental regulations, which could increase tax revenues. Additionally, advancements in water treatment technology might reduce pollutant levels, subsequently affecting related tax revenue. Monitoring regional economic conditions will also be crucial in predicting revenue changes as governments balance environmental initiatives with economic growth.
Top countries in Environmentally Related Tax Revenue from Taxes on Pollution in Water Collection, Treatment and Supply Share by Country (Million US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 19.47 | 2023 | +0.32% | -0.14% | View data |
| 2 | 2 France | 16.25 | 2023 | -5.88% | -1.74% | View data |
| 3 | 3 United Kingdom | 14.74 | 2023 | -4.3% | -5.18% | View data |
| 4 | 4 Italy | 13.74 | 2023 | -0.94% | -4.74% | View data |
| 5 | 5 Slovakia | 10.78 | 2023 | -13.37% | -10.26% | View data |
| 6 | 6 Estonia | 7.53 | 2023 | -1.66% | -1.85% | View data |
| 7 | 7 Belgium | 6.65 | 2023 | -1.86% | -1.64% | View data |
| 8 | 8 Poland | 4.39 | 2023 | -0.88% | -0.47% | View data |
| 9 | 9 Lithuania | 4.1 | 2023 | -3.82% | -5.21% | View data |
| 10 | 10 Czech Republic | 0.96 | 2023 | -46.52% | -40.01% | View data |
